11560 Sage ST Active

Adelanto,CA 92301

$ 699999

8 Beds

4 Baths

2895 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,895 sqft

Price per Sqft $241

MLS Listing ID 24399019

Bedrooms 8

Year Built 1985

Lot Size 10,367 Sqft

Property Description

High cash-flowing, multi-unit property that is fully tenanted. An incredible opportunity for someone looking to expand their real-estate portfolio.This property currently generates $63,132 / year, meaning gross rental income is 9.02% the price. That's a 7.51 cap rate on the $700,000 ask. There's even room for upside one of the units is currently $800 / mo; you could live in it and make $59,748 per year, or charge market rates and get an even higher cap rate. This is THE property for the high cash flow investor.

Location

State CA

County San Bernardino

Area Adl - Adelanto

Interior

Heating Baseboard

Cooling Evaporative Cooling

Exterior

Garage Door-Single,Garage

Building

New Construction No

Others

Special Listing Condition Standard

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